ECF 10% Owner Saba Capital Management, L.P. Buys $196K of Stock

Saba Capital Management, L.P. bought 17,079 shares of Ellsworth Growth and Income Fund Ltd. (NYSE: ECF) on October 19, 2026. According to a Form 4 filing with the SEC, the 10% owner purchased the shares at a price of $11.47 each, totaling approximately $195,896.

ECF Ellsworth Growth and Income Fund Ltd.

$11.45 ▲ +3.06% year to date

1M 3M YTD

Daily close · Oct 19, 2026

Inside Saba Capital Management, L.P.'s Ellsworth Growth and Income Fund Ltd. Trade

The transaction lifted Saba Capital Management's holdings in the fund to 1,788,025 shares. This purchase follows several other recent trades by the firm, marking about a 0.96% increase in its stake. The shares were acquired directly on the open market.

Other Institutional Activity in Ellsworth Growth and Income Fund Ltd.

Other major holders adjusted their positions ahead of the period. Saba Capital Management, L.P. held 1,604,273 shares valued at $18,368,925 as of June 30, 2026, with no change reported then. SIT Investment Associates Inc grew its holdings by 3,639 shares, ending with 936,651 shares worth about $10,724,653. Wells Fargo & Company reduced its stake by 15,826 shares, ending with 931,846 shares worth about $10,669,636. Advisors Asset Management, Inc. pared its position by 2,473 shares, ending with 402,884 shares worth about $4,613,021. Meanwhile, Blue Bell Private Wealth Management, LLC grew its holdings by 30,939 shares, ending with 239,144 shares worth about $2,738,198.

Ellsworth Growth and Income Fund Ltd. Stock Holds Steady

The fund closed at $11.45 on October 19, 2026, and recently traded around $11.45 as of October 20, 2026. That level sits about 6.6% below its 50-day moving average of $12.26 and about 7.0% below its 200-day moving average of $12.31. The stock has traded between a 52-week low of $10.71 and a 52-week high of $13.85, putting its recent price up about 6.9% from its lowest point of the past year.

Recent Earnings

The fund posted trailing-twelve-month revenue of $4,794,184 with an EPS of $3.11. It recorded a net profit margin of 897.9% and a return on equity of 22.7%.

Dividend

The fund pays an annual dividend rate of $0.88 per share, which translates to a dividend yield of 7.69%. Its dividend payout ratio stands at 29.5%.

Insider Buying and Selling at Ellsworth Growth and Income Fund Ltd.

Saba Capital Management has been active in the fund's shares throughout October. Earlier, on October 12, 2026, the firm bought 14,600 shares at $12.03 each for a value of $175,638. On October 14, 2026, it picked up 56,083 shares at $11.74 apiece worth $658,414. On October 15, 2026, it added another 9,969 shares at $11.62 each for $115,839.78.

About Ellsworth Growth and Income Fund Ltd.

Ellsworth Growth and Income Fund Ltd. is a closed-ended equity mutual fund managed by Gabelli Funds, LLC and launched by GAMCO Investors, Inc. Headquartered in Rye, New York, the fund invests primarily in convertible securities across various market capitalizations. It benchmarks its portfolio against major indexes including the S&P 500 Index and select convertible indexes.

Bottom Line

Investors tracking Saba Capital Management's activity in Ellsworth Growth and Income Fund Ltd. should monitor upcoming SEC filings for any additional open-market transactions. The fund continues to navigate changing market conditions in the asset management sector.